Barclays ‘banking pods’ to pop up in shopping centres

<?xml encoding=”utf-8″ ??> Barclays plans to launch a string of “banking pods” after recently announcing more branch closures. The bank said it will expand its “flexible banking formats” in response to changing customer needs. The plans include the launch of new banking pods, which will be purpose-built, semi-permanent structures in locations such as shopping centres […]

Lidl to invest £4bn in British food businesses to provide suppliers with ‘security’ and ‘certainty’

<?xml encoding=”utf-8″ ??> Lidl has revealed plans to invest £4bn into British food businesses this year, as it charges ahead with growth plans. Lidl GB, the British arm of the German retail group, said it would accelerate the spending plans it announced in 2019. Lidl GB had committed to a £15bn investment in the British […]

Electric vans startup Arrival to cut 800 jobs amid focus on US market

<?xml encoding=”utf-8″ ??> The British electric vans startup Arrival is cutting 800 jobs, about half its remaining workforce, to reduce costs as it seeks extra funding and plans US expansion to take advantage of green energy subsidies. The troubled electric vehicle maker said “approximately 50%” of the company’s 1,600-strong global workforce would leave the company. […]

Millions of JD Sports customers at risk after cyberattack

<?xml encoding=”utf-8″ ??> JD Sports has warned that stored data relating to ten million customers may be at risk after a cyberattack. The sportswear chain said the information that “may have been accessed” included names, billing addresses, phone numbers, email addresses and the final four digits of users’ payment cards. It said the hackers had […]